Exited today@buying price...just brokerage paid...no near term positive seen here with delivery volume as well as any uptrend in scrip price. Huge selling pressure is yet to come here as more people are trapped with discount listing. We can not memorize polysil like downside situation here.
45. Old.Fox| Link| Bookmark|
October 10, 2024 11:04:15 AM
IPO Mentor (900+ Posts, 400+ Likes)
44.1. arunARUN| Link| Bookmark|
October 8, 2024 10:50:22 PM
IPO Guru (2000+ Posts, 1700+ Likes)
It is amazing that you think that Mr. Davda is responsible for your actions, your profits and your lossses Dont be in market if you can not absorb losses. SME issues are more risker that is why SEBI allows minimum application of Rs 1 lkah while in Main Board it is just between Rs. 12,000 to Rs. 16,0000
For Those who have been alloted and have not booked looses , It may make sense to hold it at this point as shares are being slowly being cornered from gullible retail investor. It is in free trading zone. Had it hit the LC , It would have been a different ball game altogether. However since it is in free trading zone, higher likely hood you may get a slightly better rate tommorow. Rest Please take informed call basis your risk taking appetite. Disclosure: I had not applied in this IPO as GMP and Subscriptions were not very encouraging. No point blaming DD sir. He does a great job. However Please understand he gives his review much before the closing of the IPO as such it does not factor in subscription and GMP trends. Further its more a fundamental call and not listing day ( Profit or loss ) call from his end.
40. KGSKIPO| Link| Bookmark|
October 7, 2024 1:07:28 PM
Top Contributor (400+ Posts, 100+ Likes)
DD sir apply recommendation but heavy negative listing. Nothing works except market momentum
I can't find allotment on registrar website till now.? Where you find it.?
28.2. Kapz| Link| Bookmark|
October 5, 2024 9:31:47 AM
IPO Mentor (800+ Posts, 400+ Likes)
@Udayk I avoided and ignored applying in any of the recently closed IPOs (after Sahastra) as didn't find any compelling proposition. All the best for your allotment, hope it doesn't give a negative return. 👍